Hong Kong Doubles Down on Stablecoin, OTC Rules Promise
[Feb 21 6:43 AM] Public consultations on stablecoins and over-the-counter trading are already in progress.
10 / 22 Relevant items tagged with #Stablecoins
Posts: 632
Posts
Former NFL Star Russell Okung’s Crypto Adoption Comments Ignite Bitcoin vs. Stablecoins Debate
[Feb 20 6:00 PM] Comments on Lightning Network adoption, made by Russell Okung, a former NFL star who is among the first to receive part of his salary in crypto, sparked a discussion that highlighted the opposing opinions of the crypto community about the usage of…
UK Minister Expects Stablecoin and Staking Legislation Within Six Months: Bloomberg
[Feb 20 12:55 AM] UK Economic Secretary to the Treasury Bim Afolami has said the UK government was "pushing very hard" to bring legislation for stablecoins and staking services for crypto assets within six months, according to a Bloomberg report.
U.S. Regulators Do Have Some Control Over Stablecoin Tether: JPMorgan
[Feb 16 3:06 AM] USDT's appeal relative to other stablecoins will likely diminish as regulations will require more transparency and compliance with new anti-money laundering standards, the report said.
U.S. Federal Reserve Gov. Waller Says DeFi Could Boost Dollar's Global Strength
[Feb 15 2:20 PM] Crypto critics often warn of digital currencies' potential to destabilize the U.S. dollar, but Federal Reserve Gov. Christopher Waller argued that stablecoins' dependence on the dollar could actually strengthen the U.S. fiat currency as…
Stablecoins Are the ‘Biggest Misnomers’ and ‘Oxymorons’ Says New Zealand Central Bank Governor
Fed Chair Powell Briefs Lawmakers on US Central Bank Digital Currency Progress
Stablecoin Sector Swells by $1.7 Billion in February; USDC and FDUSD Lead Supply Growth
[Feb 14 1:30 PM] Statistics reveal that since the onset of February 2024, the stablecoin sector has experienced a significant expansion, with an increase of $1.7 billion in its economy. In the last 30 days, both usd coin and first digital usd witnessed their…
Bitso Reveals Latam Is Bitcoin Territory With a Stablecoin Frenzy in Argentina
[Feb 13 2:00 AM] Bitso, a Mexico-based cryptocurrency exchange with a presence in several countries of Latin America, has revealed the trends that its user base followed during 2023. Bitso Argentina CEO Julian Colombo disclosed that while Bitcoin was still the most…
New Zealand Central Banker Adrian Orr Says Stablecoins Aren’t Stable: Report
[Feb 11 11:45 PM] The country's Central Banker says fiat money is more credible than stablecoins because it has the power of government behind it.
UK’s Planned Stablecoin Rules Need Reworking, Crypto Advocates Say
[Feb 9 4:00 AM] Crypto industry groups in the U.K. say local regulators’ proposals for supervising stablecoins need reworking.
Diversifying Stability: Stablecoins Finding Home Beyond the Greenback
[Feb 7 11:01 AM] Following the success of Tether and USDC, a generation of stablecoins are offering new features for investors and holders, says Scott Sunshine, Managing Partner of Blue Dot Advisors.
The Big Misunderstanding: What MiCA Really Means for Stablecoins in Europe
[Feb 6 12:32 PM] The EU's comprehensive crypto guidance does not introduce entirely new regulations for fiat backed stablecoins, former central banker Jón Egilsson writes. Instead it affirms existing rules that many current issuers are not yet following.
Treasury Secretary Yellen Says U.S. Needs Better Stablecoin Regulation
[Feb 6 10:37 AM] "A federal regulator should have the ability to decide if a stablecoin issuer should be barred from issuing such an asset," she told lawmakers on Tuesday.
JPMorgan Warns of Increased Risk for Crypto Market Due to Tether’s ‘Lack of Regulatory Compliance and Transparency’
Treasury Secretary Janet Yellen Warns of Crypto Risks
[Feb 5 4:56 PM] U.S. Treasury Secretary Janet Yellen is set to tell Congress that the crypto industry poses several potential hazards to the financial system, including the dangers of stablecoins, runs on crypto platforms and volatile prices, according to a brief…
Stablecoin Tether’s Increasing Dominance Is Bad for Crypto Markets, JPMorgan Says
[Feb 5 4:56 AM] Other stablecoins such as USD Coin may benefit from the coming regulatory crackdown and gain market share, the report said.
Bluechip Gives Synthetix and Beanstalk Stablecoins F Grades; Tokens Added to the ‘Red Flag List’
Stablecoins Surge: USDT Leads $400 Million Inflows, Signaling Investor Confidence
[Feb 1 9:00 AM] The cryptocurrency industry has witnessed a significant change in the movement of stablecoins, offering valuable observations into the evolving dynamics of the market. Recent data from IntoTheBlock and CryptoQuant has shown a surge in stablecoin…
Tether Reports Record $2.85B Profit as Biggest Stablecoin Nears $100B Market Cap
[Jan 31 10:07 AM] The USDT stablecoin issuer held over $5.4 billion in excess reserves as of 2023 year-end, according to its latest attestation.
Stablecoin Market Cap Climbs $4.85 Billion in 30 Days; USDT, USDC, FDUSD Spearhead Growth
[Jan 31 8:30 AM] In the past month, data reveals a significant increase in the combined market capitalization of leading stablecoins, rising from $131.71 billion to $136.56 billion. The top two stablecoins, tether and usd coin, experienced notable expansions in…
Bitcoin Rally Still Has Some Legs Left, Santiment Explains Why
[Jan 30 9:00 AM] The analytics firm Santiment has explained that the current Bitcoin rally could still have some legs left, based on this on-chain trend. Bitcoin & Ethereum Leave Exchanges, While Tether Sees Deposits In a new post on X, Santiment has discussed…
Circle to Issue Its Stablecoin USDC on Celo Network to Boost RWA Capabilities
[Jan 30 8:11 AM] Celo, which is in the midst of transforming into an Ethereum layer 2 network, increasingly positions itself as a blockchain for real-world assets.
A Backdoor Regulatory Option Haunts U.S. Crypto
[Jan 29 7:00 AM] After the 2008 global financial meltdown, Congress set up a round table of regulators who could wield a unique tool against the next emerging threats. The Financial Stability Oversight Council (FSOC) can tag companies with systemic-risk labels that…
Hong Kong Gets Spot-Bitcoin ETF Application, Stablecoin Interest From China’s Harvest Global: Reports
[Jan 29 3:54 AM] Venture Smart Financial Holdings is also aiming for a spot-bitcoin ETF and is involved in the discussions about the stablecoin sandbox.
Stablecoin TUSD Remains Below Intended $1 Peg as Avara’s GHO Surges to Near-Peg Heights
[Jan 25 12:30 PM] Market analysis reveals ongoing stability challenges for the stablecoin trueusd in maintaining its targeted $1 peg. As of 10:30 a.m. Eastern Time (ET) on Jan. 25, 2024, the token’s trading value fluctuated between $0.979 and $0.981…
FDUSD Market Cap Skyrockets by $1 Billion in 2024, Clinching Top 4 Stablecoin Spot
[Jan 21 12:30 PM] According to statistics, the stablecoin crypto asset FDUSD has seen its market capitalization grow by $1 billion since the start of the year. Presently, the supply stands at 2.614 billion FDUSD after witnessing a 45.7% supply increase in 30 days…
Solana Stablecoin Volume Reaches Record High Of $300 Billion In January
[Jan 21 2:50 AM] According to the latest on-chain data, the Layer-1 network Solana has hit a significant milestone in terms of the transfer volume of stablecoins this month. Solana Overtakes Tron In Stablecoin Transfer Volume Data from the blockchain analytics…
Chainalysis Reveals Decline in Crypto Crime, Shift to Stablecoins in 2024 Crime Report
[Jan 20 1:00 AM] Chainalysis’ latest report reveals a dual trend in the 2023 crypto crime landscape: a notable decrease in overall value of criminal transactions and a surprising shift from bitcoin to stablecoins as the preferred medium for illicit…
In Search of Financial Freedom: The Answer Lies With Bitcoin, Not Stablecoins
[Jan 19 9:46 AM]